Damages: The General Court of the European Union dismisses the actions for compensation brought by two undertakings for damage allegedly suffered as a result of the illegality of a decision prohibiting a merger (UPS / TNT Express)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On January 30, 2013, the European Commission [hereinafter the "Commission"] had declared incompatible with the internal market a notified merger between United Parcel Service, Inc. [hereinafter "UPS "] and TNT Express NV [hereinafter "TNT"] (case COMP/M.6570 - UPS/TNT Express). According to the Commission, this transaction would have resulted in a significant impediment to effective competition in the market for international express delivery of small packages in several countries of the European Economic Area. The Commission subsequently cleared, on January 8, 2016, the combination between TNT and Fedex Corp. [hereinafter "Fedex"] (Case COMP/M.7630 -

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Authors

  • Clifford Chance (Paris)
  • Clifford Chance (Paris)

Quotation

David Tayar, Victoria Vickers, Damages: The General Court of the European Union dismisses the actions for compensation brought by two undertakings for damage allegedly suffered as a result of the illegality of a decision prohibiting a merger (UPS / TNT Express), 23 February 2022, Concurrences N° 2-2022, Art. N° 106442, pp. 141-143

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